Which of the Following Is Not True of Flexible Spending

question 21

Multiple Choice

Which of the following is not true of flexible spending accounts?

• A) The government limits the amount of money a person can put into these accounts each calendar year.
• B) The money is there for as long as the person needs it.
• C) Restrictions are placed on what services are covered.
• D) The plans are similar to a savings account.

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Definitions:

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A country in South Asia, known for its diverse cultures, languages, religions, and history, and is the world's largest democracy.

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A sector of the economy focused on the development, production, and sale of advanced technological products and services, including electronics, software, and biotechnology.